https://www.taxtmi.com/highlights?id=64286 Addition u/s 68 - unsecured loan - Merely filing the bank statement by the assessee would not discharge the onus cast upon it to prove the creditworthiness of the loan creditor and genuineness of transaction particularly when the cash was deposited in tranches within a short spam of about ten days before issuing a D.D. in favour of the assessee. - Additions confirmed - AT en-us Mon, 27 Jun 2022 10:24:39 +0530 Mon, 27 Jun 2022 10:24:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64286 Addition u/s 68 - unsecured loan - Merely filing the bank statement by the assessee would not discharge the onus cast upon it to prove the creditworthiness of the loan creditor and genuineness of transaction particularly when the cash was deposited in tranches within a short spam of about ten days before issuing a D.D. in favour of the assessee. - Additions confirmed - AT Highlights Income Tax Mon, 27 Jun 2022 10:24:39 +0530 https://www.taxtmi.com/highlights?id=64286